Urban Outfitters Inc (URBN)
Debt-to-assets ratio
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 4,111,210 | 3,682,910 | 3,791,350 | 3,546,340 | 3,315,630 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,111,210K
= 0.00
The debt-to-assets ratio for Urban Outfitters Inc has consistently been 0.00 for the past five years, indicating that the company has not used debt to finance its assets during this period. This suggests that Urban Outfitters Inc has been relying on its equity and retained earnings to fund its assets, which may indicate a strong financial position and effective management of capital structure. However, it is essential to consider that a very low or zero debt-to-assets ratio may limit the company's financial flexibility and potential growth opportunities that could be leveraged through debt financing. Further analysis of the company's overall financial health and capital structure would provide a more comprehensive understanding of its strategic decisions.
Peer comparison
Jan 31, 2024